I'd filter for ones that have a high dividend yield because the price had been hammered.
Then I'd filter for the best ones for stuff like low/no debt and survivability in a tough environment.
You'll need to do your homework but if you choose wisely the payback would make it well worth the effort.
The present crummy-market risk remains, but the upside can make a big difference to your life in some respects, making the risk worthwhile.
I've picked a media company that got hammered down recently.
If it comes in, my property taxes, licence fee and cartax will be covered for life kinda thing.
But the risk remains that it could all go
up.
A far safer alternative is to buy physical gold, which could generate some good returns over the next few years.
and Market swings don't bother you so much if you have physical.
GL Pat.
Then I'd filter for the best ones for stuff like low/no debt and survivability in a tough environment.
You'll need to do your homework but if you choose wisely the payback would make it well worth the effort.
The present crummy-market risk remains, but the upside can make a big difference to your life in some respects, making the risk worthwhile.
I've picked a media company that got hammered down recently.
If it comes in, my property taxes, licence fee and cartax will be covered for life kinda thing.
But the risk remains that it could all go
up.A far safer alternative is to buy physical gold, which could generate some good returns over the next few years.
and Market swings don't bother you so much if you have physical.
GL Pat.
Sad but true Cuss, great fucking post. The banksters have always owned this country but now they are becoming more bold and arrogant as everything is becoming more transparent. Pretty soon we will be down to two banks and then at some point, just one and what happens when one bank controls all the money? I shutter to think. Other then that go back to sleep America, your presidential candidates will fix it. In the meantime, keep posting your important, groundbreaking posts on myspace. Keep buying and consuming shit you cant afford on credit. And please, oh please support this bailout. And if you dont, thats ok too...because when shit hits the fan, and companys are being liquidated for pennies on the dollar (ala 1929) the big banksters will just come in and swoop them up too. There in lies the truth. They got us by the balls and the only reason they have done so is a total lack of accountability from the public. Sure divide and conquer have helped speed this up in the form of every hot button social issue two date and the perceived two partys (we know its just one) but its the Americans inability to hold these cocsuckers accountable is why we are in the mess in the first place. A fat, dumbed down, distracted, ultra consuming population has been hoodwinked. We dont we all just pray, maybe that will help?
:bunnies:
hno:
this is probably a year or 2 from now (maybe longer all depends how much government continues to step in to drag out the pain for longer rather than just allowing things to fall in a swift manner like they want and will)
but commodities as well as asian related issues
gold a good buy right now......
think asia will be the big winner of this whole mess
as they will be able to buy up alot of cheap assets
as for near term this all seems like potential pre crash action being so damn volatile and getting moreso by the day
even if this bottom holds near term with congress bailout
sub 10,000 dow coming almost with certainty....and if it doesn't massive inflation is coming with it...5 dollar gas etc..........only way outta this mess is via inflation and more debt.....its a lose lose situation for the average joe....his stocks could go up but gonna be paying alot more to live on day to day needs.......i just don't think they can win the battle though and the deflationary forces are too strong to overcome.....and than one day down the road we will be in this same position again only this time things will be even worse.....since we now have even more debt
but commodities as well as asian related issues
gold a good buy right now......
think asia will be the big winner of this whole mess
as they will be able to buy up alot of cheap assets
as for near term this all seems like potential pre crash action being so damn volatile and getting moreso by the day
even if this bottom holds near term with congress bailout
sub 10,000 dow coming almost with certainty....and if it doesn't massive inflation is coming with it...5 dollar gas etc..........only way outta this mess is via inflation and more debt.....its a lose lose situation for the average joe....his stocks could go up but gonna be paying alot more to live on day to day needs.......i just don't think they can win the battle though and the deflationary forces are too strong to overcome.....and than one day down the road we will be in this same position again only this time things will be even worse.....since we now have even more debt
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many banks aren't gonna be making money for many years.....they still have to write off all these losses regardless of the "bailout" or not....and guys like JPM and C just took on the bags of WM and WB
on top of the fact the leverage days are over, done, finished, no more....
old school banking will make a huge comeback and with it will come lower profits
i dunno what the new environment will look like
but it will be vastly different than the wild wild west of the bubble years in which they reaped humongous profits when things were going good
on top of the fact the leverage days are over, done, finished, no more....
old school banking will make a huge comeback and with it will come lower profits
i dunno what the new environment will look like
but it will be vastly different than the wild wild west of the bubble years in which they reaped humongous profits when things were going good
Considering I put hours upon Hours of research and work in... reading all kinds of financial news, reports, etc. I went to college and took my gains and losses in the school of stock market hard knocks...
I am going to just tell the people who can't even read or understand the "bailout" what stocks to buy to make money....
:nohead:
